Stocks of Fluence Energy Inc (NASDAQ:FLNC) traded higher last session on Wall Street, up 4.65% to $4.28.
FLNC stock price is now -12.96% away from the 50-day moving average and -70.51% away from the 200-day moving average. The market capitalization of the company currently stands at $777.03M.
With the price target maintained at $4, HSBC Securities recently Downgraded its rating from Buy to Hold for Fluence Energy Inc (NASDAQ: FLNC). On April 11, 2025, JP Morgan Downgraded its previous ‘Overweight’ rating to ‘Neutral’ on the stock keeping its target price maintained at $7, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, Boll Rebecca, Officer bought 78,258 shares of the company’s stock on Apr 22 ’25. The stock was bought for $288,480 at an average price of $3.69. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 15 ’25, Officer Boll Rebecca bought 78,257 shares of the business’s stock. A total of $293,027 was incurred on buying the stock at an average price of $3.74. A total of 42.32% of the company’s stock is owned by insiders.
During the past 12 months, Fluence Energy Inc has had a low of $3.46 and a high of $26.12. As of last week, the company has a debt-to-equity ratio of 0.97, a current ratio of 1.57, and a quick ratio of 1.00. The fifty day moving average price for FLNC is $4.9171 and a two-hundred day moving average price translates $14.514175 for the stock.
The latest earnings results from Fluence Energy Inc (NASDAQ: FLNC) was released for 2024-12-31. The net profit margin was -0.08% and return on equity was -0.49% for FLNC. The company reported revenue of $186.79 million for the quarter, compared to $363.96 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -48.68 percent.
